Market Share of Bangladesh Cybersecurity Industry
The Bangladeshi cybersecurity market is semi-consolidated and dominated by a few major players. With a prominent market share, these major players focus on expanding their customer base across foreign countries. Some of the recent developments are:
- June 2024: Prime Bank PLC, a prominent second-generation local commercial bank in Bangladesh, announced its partnership with CTM360, a global digital risk protection leader. The collaboration aims to bolster the bank's defenses against digital threats and online frauds, safeguarding both its brand and clientele.
- April 2024: Kaspersky, the global cybersecurity and digital privacy company, announced its expansion into new territories in Asia-Pacific, including Bangladesh, Cambodia, and Sri Lanka. This strategic move marked a significant milestone in the company's mission to fortify digital infrastructure across the developing economies in the region, particularly in the enterprise cybersecurity market.
Bangladesh Cybersecurity Market Leaders
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IBM Corporation
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Palo Alto Networks, Inc.
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Microsoft Corporation
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Fortinet Inc.
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Cisco Systems Inc.
*Disclaimer: Major Players sorted in no particular order
